In The News

Diesel prices up 30 cents over last year

The national average price of diesel crept up three-tenths a cent over the past week to $4.135, according to the U.S. Energy Information Administration’s Sept. 17 report on fuel prices. Compared with the same week of 2011, that’s an increase of 30.2 cents.

The West Coast region saw a drop of 2.4 cents, while all other regions experienced an increase of one-tenth of a cent to 2.1 cents.

U.S. – $4.135, up three-tenths a cent
East Coast – $4.125, up 1.2 cents
New England – $4.215, up seven-tenths a cent
Central Atlantic – $4.196, up 2.1 cents
Lower Atlantic – $4.056, up seventh-tenths a cent
Midwest – $4.080, up one-tenth a cent
Gulf Coast – $4.028, up seven-tenths a cent
Rocky Mountain – $4.256, up 1.4 cents
West Coast – $4.399, down 2.4 cents
West Coast less California – $4.321, down 3.7 cents
California – $4.466, down 1.1 cents

ProMiles, which surveys diesel prices daily at 9,400 truck stops, reported average U.S. prices at $4.152 on Monday, down a tenth of a cent over Sunday and six-tenths of a cent higher than a week ago.

In other energy news, midday trading in New York showed light sweet crude oil prices at $95.92, down $3.05 over Friday and down 54 cents over this past Monday. Light sweet crude is the type most commonly associated with diesel production.

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